{"id":109225,"date":"2021-03-10T21:42:27","date_gmt":"2021-03-10T21:42:27","guid":{"rendered":"https:\/\/fin2me.com\/?p=109225"},"modified":"2021-03-10T21:42:27","modified_gmt":"2021-03-10T21:42:27","slug":"psaki-says-biden-will-sign-covid-measure-friday-calls-it-most-progressive-bill-in-american-history","status":"publish","type":"post","link":"https:\/\/fin2me.com\/politics\/psaki-says-biden-will-sign-covid-measure-friday-calls-it-most-progressive-bill-in-american-history\/","title":{"rendered":"Psaki says Biden will sign COVID measure Friday, calls it 'most progressive bill in American history'"},"content":{"rendered":"
<\/p>\n
West Virginia senator breaks down partisan COVID relief bill, president’s cabinet nominees, and hopes for bipartisanship on ‘Special Report.’ <\/p>\n
President Biden will sign the $1.9 trillion coronavirus relief bill on Friday afternoon, said White House press secretary Jen Psaki announced, who called it the “most progressive bill in American history.” <\/p>\n
The House passed the sweeping legislation on Wednesday 220 to 211, after the Senate passed it on Saturday. No Republicans voted “yes” on the legislation. <\/p>\n
“We, of course, are moving full speed ahead on the implementation of the bill,” Psaki said. <\/p>\n
The bill means more money in Americans’ pockets is on the horizon. The “American Rescue Plan” calls for $1,400 stimulus checks for individuals earning up to $75,000 and $2,800 checks for couples earning $150,000 or under. Households will receive an additional $1,400 for each dependent child. <\/p>\n
For the unemployed, the legislation extends $300-per-week enhanced federal benefits through Sept. 6 and allows the first $10,200 of jobless benefits to be tax-free to households with incomes under $150,000.<\/p>\n
THIRD STIMULUS CHECK: WHO IS ELIGIBLE FOR THE MONEY, AND WHO ISN’T?<\/strong><\/p>\n And unlike past coronavirus relief bills, this legislation establishes a “child allowance” worth upwards of $300 per month for each child under the age of six, or $3,600 a year. For older children up to age 17, families would get $3,000 a year in the new child tax credit program.<\/p>\n Republicans said the legislation was unnecessary, too big and filled with unrelated liberal priorities, such as $350 billion for state and local governments.<\/p>\n CLICK HERE TO GET THE FOX NEWS APP<\/strong><\/p>\n Other provisions of the bill include hundreds of billions for COVID-19 vaccines and treatments, schools, food programs, rental assistance and ailing industries from airlines to concert halls.<\/p>\n Fox News’ Marisa Schultz contributed to this report.<\/em><\/p>\n